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    Cleveland State University
   
 
  Nov 24, 2017
 
 
    
Undergraduate Catalog 2014 - 2015 [ARCHIVED CATALOG]

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MTH 491 - Financial Mathematics

[3 credit(s)]
Prerequisites: A grade of "C" or better in MTH 281 or 283, or permission of the instructor. Basic mathematical interest theory and time value of money, annuities, loan repayment, bonds, equations of value and yield rates, interest rate sensitivity, stocks and financial markets, arbitrage, term structure of interest rates and derivatives. It is designed to prepare for the SOA Exam FM/CAS Exam 2 (Financial Mathematics Exam).


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